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Everything posted by Jingthing
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Military targets are allowed in war. If an enemy is using human shields that's their fault.
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What Movies or TV shows are you watching (2023)
Jingthing replied to CharlieH's topic in Entertainment
Looking forward to watching this one: -
As far as the being there for family question (or the family being there for you) for those that still have those kinds of connections, depending on your home country, you can move closer to your home country. It's no mystery why there are millions of American expats in Mexico. That doesn't work for everyone of course because of a funny thing called geography.
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This reminds me of a personal experience I had when I was 15. I had backpacked around Europe for the summer with a few friends. Such freedom adventure, and so many bottles of wine. When I arrived back to the US in the car with my parents approaching my sterile hometown suburb (wine not allowed under 18), I literally screamed in anguish. Yeah, my poor parents, ha ha.
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That may be so but still beats living in a car and <deleted>ting in a bucket! I'm above that level here but for quite modest levels of wealth and income I have a set up that I couldn't replicate in the U.S. for under at least a million dollars, more like two. There are retirement destination countries where you can qualify for 600 dollars a month income and perhaps I'm wrong but I don't think Cambodia even checks income for retirement status. Or there is the Philippines option of only needing to do a visa run every three years.
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I've had this thought for years now. You hear about oldsters living in cars in the U.S. for example but they do have a social security income but can't afford rent. Obviously each person has their own specific personal and financial situation and there are good reasons for poor retired people to stay home, but in many cases I see not moving abroad to live a much better quality of life on a low income as basically stupid. Not only to Thailand of course. For Thailand, a person with low income would need to be able to do the 800K baht thing but many poorer retirees do have that level of a very modest life savings. So why do so many that could greatly benefit by moving abroad fail to do so? Other than good reasons (such as strong family support, too physically ill to do it, etc.). I can only speculate. I assume many just don't know about and/or have failed to do the research on the options open to them at their finance level. I know that many people assume that living abroad is a "glamourous" option only for rich people. Some are probably ultra nationalist xenophobe types that think as bad as things are for them personally their home country still offers them the best of all possible worlds. Some may be afraid of foreign languages. Some that might know of some options may simply be afraid of such a big change. In my view, living in a car and <deleted>ting in a bucket is something to fear much more than living abroad! So back to the question: Do you think (most) financially struggling western retirees are stupid for not retiring abroad?